Solve each problem. Use the information from the graph to figure out how much the government pays in price supports to this farmer for soybeans. Soybean Supply/Demand Curve Price ($) 7.00 Dernand 6.00 5.00 4.00 Government-set target price 3.00 Supply 2.00 5 10 15 20 25 30 35 40 45 50 Bushels of soybeans (in thousands) 1. Identify how many bushels of soybeans the farmer will supply at the target price ($5.30 per bushel): 2. Identify how many bushels of soybeans consumers will buy at that price: 3. Calculate how much consumers will pay for the soybeans: 4. Find the surplus by subtracting the amount demanded from the amount supplied: 5. Calculate how much the government pays by multiplying the surplus by the target price: 6. Calculate how much the farmer gets by selling the crop, including the price support: